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New Electric CV (New Electric CV) Gross Margin % : 0.00% (As of . 20)


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What is New Electric CV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. New Electric CV's Gross Profit for the three months ended in . 20 was $0.00 Mil. New Electric CV's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, New Electric CV's Gross Margin % for the quarter that ended in . 20 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for New Electric CV's Gross Margin % or its related term are showing as below:


HIPH's Gross Margin % is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 24.25
* Ranked among companies with meaningful Gross Margin % only.

New Electric CV had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for New Electric CV was 0.00% per year.


New Electric CV Gross Margin % Historical Data

The historical data trend for New Electric CV's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New Electric CV Gross Margin % Chart

New Electric CV Annual Data
Trend
Gross Margin %

New Electric CV Quarterly Data
Gross Margin %

Competitive Comparison of New Electric CV's Gross Margin %

For the Farm & Heavy Construction Machinery subindustry, New Electric CV's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Electric CV's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, New Electric CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where New Electric CV's Gross Margin % falls into.



New Electric CV Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

New Electric CV's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

New Electric CV's Gross Margin for the quarter that ended in . 20 is calculated as


Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


New Electric CV  (OTCPK:HIPH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

New Electric CV had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


New Electric CV Gross Margin % Related Terms

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New Electric CV (New Electric CV) Business Description

Traded in Other Exchanges
N/A
Address
187 E. Warm Springs Raod, Las Vegas, NV, USA, 89119
New Electric CV Corp is engaged in the manufacturing of Electric Construction Machinery. The company brands include eTech and Foton.

New Electric CV (New Electric CV) Headlines

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